Is 28301, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 28301 has remained a Seller's Market.
Key Takeaway
28301 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 28301, NC
How much do homes in 28301, NC cost?
Median Sold Price
$154,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 28301 have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in 28301 was $154,000 in April 2024, up 2.7% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $196K | $200K | +2.0% |
| 2 Bedrooms | $87.5K | $106.5K | +21.7% |
| 3 Bedrooms | $150K | $160K | +6.7% |
| 4 Bedrooms | $202.5K | $210K | +3.7% |
| 5+ Bedrooms | $370K | $321.2K | -13.2% |
Summary: 28301 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 13.2%.
Housing Supply in 28301, NC
How many homes are available in 28301, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 | 72 | 0.0% |
Summary: The 28301 real estate market had 72 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 13 | -18.8% |
| 3 Bedrooms | 41 | 43 | +4.9% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 28301 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.8%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 28301, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 28301 in April 2024, down by 5.3% month-over-month. Of the 18 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% were sold over asking.
Days on Market for 28301, NC
How long does it take to sell a home in 28301, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 56 Days | 30 Days | -47.0% |
Summary: Homes in 28301 had an average of 30 days on market in Apr 2024, down by 47% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 28301 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in 28301; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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